AGP Executive Report
Last update: 8 hours agoRBA & Rates Watch: Australia’s banks and borrowers are still digesting the Reserve Bank’s steady hand on rates, with markets weighing what comes next as housing and lending pressures linger. Markets Mood: Global shares were mixed-to-lower after US inflation news, but the week still leaned risk-on, leaving the ASX 200 down on the day as miners and banks dragged. Housing & Credit: New data points to home lending weakness and investor pullbacks after tax changes, keeping pressure on property-linked demand. Sydney Airport Growth: The federal government has approved Sydney Airport’s Master Plan 2045, paving the way for long-term capacity and investment. Energy Storage Deal: BW ESS bought the 250MW/1,000MWh Yanco BESS in NSW, with construction due later in 2026 and operations targeted for 2028. Crypto & Compliance: Australia moves to clamp down on crypto ATM operators over AML failures, signalling tighter enforcement. Property Investment Shift (SA): Adelaide’s rental-heavy hotspots are drawing investors despite a cooler market, with yield and fundamentals still winning buyers. Corporate/ETF Flows: Vanguard announced cash distributions for its ETFs, a reminder that income-focused investing remains active.
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